2 Bed Flat, Single Let, Derby, DE22 1JU £139,950

80 Highfields Park Drive, Derby, DE22 1JU - 9 months ago
Sold STC
Leasehold
BTL
ROI: 1%
61 m²
Property image
Property image

ValuationOvervalued

Sold Prices£30K - £225K
Sold Prices/m²£545/m² - £2.8K/m²

 

 

Square Metres

61 m²
Price/m²£2.3K/m²

Value Estimate

£113,372

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£34,988

Stamp Duty & Legal Fees

£8,497

Total Cash In

£43,484

 

 

Cash Out

 

Rent Range

£625 - £1,250

Rent Estimate

£625

Running Costs/mo

£582

Cashflow/mo

£43

Cashflow/yr

£512

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £30K to £225K, average is £119.6K. £545/m² to £2.8K/m², average is £1.9K/m².

Price
Date
Distance
Address
Beds
 
£137K08/250.01 mi90, Highfields Park Drive, Derby DE22 1JU2
£158K03/230.03 mi102, Highfields Park Drive, Derby, City Of Derby DE22 1JU2
£149K02/230.03 mi104, Highfields Park Drive, Derby, City Of Derby DE22 1JU2
£105K05/240.29 miNorbury Court, 8, Norbury Close, Derby DE22 2YA2
£65K12/240.33 miQueens Court, 8, Woodland Road, Derby DE22 1GR2
£65K12/240.33 mi8, Queens Court, Woodland Road, Derby DE22 1GR2
£52.5K05/250.33 mi16, Queens Court, Woodland Road, Derby DE22 1GR2
£52.5K05/250.33 mi16, Queens Court, Woodland Road, Derby DE22 1GR2
£225K03/250.46 mi3, Friarsfield, Burleigh Drive, Derby DE22 1AL2
£225K03/250.46 mi3, Friarsfield, Burleigh Drive, Derby DE22 1AL2
£110K11/240.55 mi45, Arthur Hind Close, Derby DE22 1HS2
£110K11/240.55 mi45, Arthur Hind Close, Derby DE22 1HS2
£195K11/240.68 mi3, 14 St Georges House, St Georges Close, Derby DE22 1JH2
£195K11/240.68 mi3, 14 St Georges House, St Georges Close, Derby DE22 1JH2
£195K11/240.68 mi14 St Georges House, 3, St Georges Close, Derby DE22 1JH2
£163.5K07/250.8 mi2b, Belper Road, Derby DE1 3EN2
£75K09/240.84 mi5, St Annes Close, Derby DE1 3NE2
£122K01/250.86 miApartment 3, Hawthorn House, North Street, Derby DE1 3AZ2
£122K01/250.86 miApartment 3, Hawthorn House, North Street, Derby DE1 3AZ2
£110K03/250.86 mi11, Leaper Street, Derby DE1 3ND2
£135K10/240.88 mi174, Magnus Court, Derby DE21 4TR2
£135K10/240.88 mi174, Magnus Court, Derby DE21 4TR2
£112K10/240.88 mi164, Magnus Court, Derby DE21 4TR2
£112K10/240.88 mi164, Magnus Court, Derby DE21 4TR2
£136K03/250.88 mi162, Magnus Court, Derby DE21 4TR2
£136K03/250.88 mi162, Magnus Court, Derby DE21 4TR2
£121.3K01/220.88 mi11, Magnus Court, Derby, City Of Derby DE21 4TQ2
£117.5K05/220.88 mi41, Magnus Court, Derby, City Of Derby DE21 4TQ2
£117K08/210.88 mi37, Magnus Court, Derby, City Of Derby DE21 4TQ2
£130K02/240.88 mi27, Magnus Court, Derby DE21 4TQ2
£130K02/240.88 mi27, Magnus Court, Derby DE21 4TQ2
£125K07/220.88 mi31, Magnus Court, Derby, City Of Derby DE21 4TQ2
£135K02/250.89 mi53, Magnus Court, Derby DE21 4TQ2
£135K02/250.89 mi53, Magnus Court, Derby DE21 4TQ2
£127.5K07/230.89 mi21, Magnus Court, Derby, City Of Derby DE21 4TQ2
£124.5K06/230.89 mi23, Magnus Court, Derby, City Of Derby DE21 4TQ2
£109K03/220.89 mi15, Magnus Court, Derby, City Of Derby DE21 4TQ2
£138K01/230.89 mi33, Magnus Court, Derby, City Of Derby DE21 4TQ2
£118K06/240.9 miParkland View, Flat 81, Bath Street, Derby DE1 3FG2
£85K10/210.9 mi12, Nuns Street, Derby, City Of Derby DE1 3LL2
£30K01/250.9 mi74, Magnus Court, Derby, City Of Derby DE21 4TR2
£116.5K11/230.9 mi82, Magnus Court, Derby, City Of Derby DE21 4TR2
£30K02/220.9 mi80, Magnus Court, Derby, City Of Derby DE21 4TR2
£118K07/230.9 mi12, Magnus Court, Derby DE21 4TR2
£116.5K11/230.9 mi82, Magnus Court, Derby DE21 4TR2
£30K01/250.9 mi74, Magnus Court, Derby DE21 4TR2
£30K01/250.9 mi74, Magnus Court, Derby DE21 4TR2
£122.5K09/230.9 mi54, Magnus Court, Derby DE21 4TR2
£116.5K01/240.9 mi16, Magnus Court, Derby DE21 4TR2
£116.5K01/240.9 mi16, Magnus Court, Derby DE21 4TR2

Local Rents

50 rents from £625/mo to £1.3K/mo, average is £850/mo.

Rent
Date
Distance
Address
Beds
 
£82512/240 miHighfields Park Drive, Darley Abbey, Derby2
£87510/250.01 miHighfields Park Drive, Darley Abbey, Derby2
£62507/250.02 miHighfields Park Drive, Darley Abbey, Derby2
£63507/250.02 miHighfield Park Drive, Broadway, Derby DE22 1JU2
£85004/250.02 mi-2
£63507/250.03 miHighfields Park Drive, Derby2
£76008/250.03 miHighfields Park Drive, Derby, DE222
£75008/250.03 miHighfields Park Drive, Derby2
£1,10010/250.09 miThorpelands Drive, Allestree2
£89510/250.14 miDerby, DE222
£1,05009/250.25 miFerrers Way, Allestree2
£80009/250.31 miPark Farm Drive, Allestree, Derby2
£80009/250.31 miPark Farm Drive, Allestree, Derby2
£77509/250.31 miPark Farm Drive, Allestree, DERBY2
£95009/250.31 miPark Farm Drive, Allestree, Derby2
£99508/250.31 miHulland View, Allestree2
£85010/250.33 miPark Farm Drive, Allestree, DERBY2
£85011/250.34 mi-2
£95012/240.34 miFindern Close, Allestree2
£87509/250.34 miNorfolk Gardens, Duffield Road2
£62509/250.34 miNorfolk Gardens, Duffield Road, Derby DE22 1AJ2
£1,08008/230.36 mi-2
£92011/250.37 miWheeldon Manor, Wheeldon Avenue, Derby, DE222
£82512/240.37 miWheeldon Manor, Wheeldon Avenue, Derby2
£92009/250.37 miWheeldon Manor, Wheeldon Avenue, Derby2
£1,00010/250.38 miMile Ash Lane, Darley Abbey Village, Derby2
£80008/230.38 mi-2
£82506/250.38 mi-2
£99506/250.38 miLavender Row, Darley Abbey Village, Derby2
£89512/240.39 miBirchover Way, Allestree, Derby, Derbyshire2
£95011/250.4 miEdale Close, Derby, Derbyshire, DE222
£65008/250.4 mi2 Bedroom Cottage, Mileash Lane, Darley Abbey2
£67106/250.41 miLongford Street, Derby, DE222
£92510/250.41 miLongford Street, Derby2
£85011/250.41 miLongford Street, Derby, DE222
£77511/250.41 miLongford Street, Derby, DE222
£95008/250.42 miBirchover Way, Allestree, Derby2
£1,25009/250.42 miBirchover Way, Allestree, Derby2
£79507/250.42 miSherwin Street, Derby2
£77507/250.42 miSherwin Street, Derby2
£70007/250.42 miWillow Close, Darley Abbey, Derby2
£85010/250.42 miLongford Street, Derby, Derbyshire2
£99511/250.42 miMileash Lane, Darley Abbey2
£95011/250.43 miParkfields Drive, Derby, Derbyshire2
£1,00008/250.43 miPark Grove, Derby2
£65007/250.44 miCedar Street, Derby, DE222
£92511/250.44 miLongford Street, DE222
£85011/250.44 miLongford Street, DE222
£80006/250.44 miCedar Street, Derby, DE22 1GD2
£80006/250.44 miCedar Street, Derby, DE22 1GD2

Local Area Statistics

Population in DE22

45,976

Population in Derby

308,324

Town centre distance

1.87 miles away

Nearest school

0.20 miles away

Nearest train station

2.04 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-12%

Sales demand

Seller's market

Capital growth (5yrs)

+29%

Property History

Price changed to £139,950

May 15, 2025

Listed for £142,500

March 7, 2025

Floor Plans

Property image

Description

A superb two double bedroom second floor apartment with open plan living dining kitchen and Juliet balcony located in this popular development off Broadway, neighbouring Darley Abbey.

Directions - Approaching Darley Abbey on Duffield Road from Derby, turn left onto Broadway by the Broadway public house, turn right into Beechwood Park Drive, follow the road into the development turning right onto Highfield Park Drive, again follow the road for a short distance where the property will be found in the second apartment building on the right.

The property is positioned on the second (top) floor of a small block of just six apartments with an allocated car park with additional visitor spaces.

The ‘all electric’ apartment comprises, a spacious ‘L’ shaped entrance hallway with deep cloaks cupboard, two double bedrooms, the principal with fitted wardrobes, three piece bathroom suite with shower over bath, the reception space is a superb open plan living dining kitchen also with Juliet balcony.

This popular development accessed from Broadway offers a convenient location neighbouring the beautiful village of Darley Abbey and the city centre with good local facilities.

An ideal first time buy, bolt-hole or buy to let investment.

Accommodation - Entering the building into a smartly maintained communal hallway with rear door to car park, mail boxes and stairs.

Second Floor -

Entrance Hallway - Main front door from communal landing (shared with just one other resident), deep store cupboard, space for coats and shoes, electric heater.

Bedroom One - 3.68m x 3.00m (12'1" x 9'10") - A spacious bedroom having fitted wardrobes, rear facing UPVC double glazed window with green outlook, electric heater.

Bedroom Two - 3.23m x 2.77m (10'7" x 9'1") - A second generous double bedroom with rear facing UPVC double glazed window with green outlook, electric heater.

Bathroom - 2.21m x 1.93m (7'3" x 6'4") - A classic white three piece suite comprising a panelled bath with mains chrome shower over and glazed screen, wash basin and WC, vinyl tile-effect flooring, UPVC double glazed window, extractor fan, spotlights and electric heater.

Open Plan Living Room - 5.56m x 3.58m (18'3" x 11'9") - A bright space having a front faxing Juliet balcony and additional window, ample space for living and dining furniture, media connections, electric heater.

Kitchen - 2.46m x 2.41m (8'1" x 7'11") - With open plan access having a range of fitted kitchen units with matching cupboard and drawer fronts, laminate work surfaces, stainless steel sink and drainer, integrated electric oven, hob and extractor fan over, space for an upright fridge freezer and washing machine, laminate flooring and inset ceiling spotlights.

Outside - Allocated parking space with additional visitor spaces. Pleasant surrounding gardens.

Lease Details - 107 years remaining of a 125 year lease.

Service Charge £1119 Per Annum
Ground Rent £215.82 Per Annum

Agent Details

Boxall Brown & Jones, Derby

01332 215408

Next Steps?

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